Stockholders' Equity Paid in Capital: Preferred 2% Stock, $50 Par (100,000 shares authorized and 75,000 shares issued Paid in Capital in Excess of Par Value..Pre ferred Stock 150,000 25,000 Common Stock, $1 Par (1,000,000 shares authorized and $900,000 shares issued Total Paid in Capital 1,000,000 1,175,000 Retained Earnings 2,000,000 Treasury Stock 10,000 Dividends Payable (20,000) Total Stockholder's Equity 3,165,000

The account which increases equity is known as? A. Debit Account B. Credit Account C. Revenue D. Treasury Stock

Regarding to the question above what whould be:  6. What is the Total Asset balance at the end of the period in the Balance sheet?7. What is the Retained Earnings account balance at the end of the period (as mentioned before no Dividend has been declared) in the Equity section of the Balance Sheet?8. What is the Total Equity Balance at the end of the period in the Balance sheet?9. What is the Total Liability balance at the end of the period in the Balance sheet?     10. The amount of Raw Material that transfers to the Factory Overhead is called Direct Material. a)True b) False